Exxon’s profits sure to inspire the haters

{ Posted on Jan 30 2009 by Jonathan Berr }
Categories : All, BloggingStocks

Filed under: , , , ,

Remember when Exxon Mobil (NYSE: XOM) was the symbol of all that was evil in corporate America? Remember when people were pawning their jewelry to buy gas? Remember when politicians spoke of a windfall profits tax? Well, move over Wall Street, the largest publicly traded oil company is back again to grab some of the negative publicity.

The company reported $45.22 billion in profits last year, the largest ever for an American corporation. The results beat Exxon's previous record. Exxon spent $40 billion on dividends and share buybacks.

Continue reading Exxon's profits sure to inspire the haters

Exxon's profits sure to inspire the haters originally appeared on BloggingStocks on Fri, 30 Jan 2009 10:56:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments

Add to digg Add to del.icio.us Add to Google Add to StumbleUpon Add to Facebook Add to Reddit Add to Technorati
This entry was posted on Friday, January 30th, 2009 at 11:56 am and is filed under All, BloggingStocks. You can follow any responses to this entry through the RSS 2.0 feed. You can skip to the end and leave a response. Pinging is currently not allowed.

Post a Comment